Gaiam Sells 6M Shares of Real Goods Solar for Net Proceeds of $16.4M

Gaiam, Inc.

(“the Company”), a lifestyle media company, announced Tuesday that it sold approximately six million shares of Real Goods Solar, Inc. for net proceeds of $16.4 million. Following these transactions, Gaiam continues to own approximately 4.1 million shares of Real Goods Solar's common stock. On May 24, 2013, Real Goods Solar announced that it had entered into a definitive agreement to raise over $9 million in a private placement of approximately 3.3 million of its shares. The transaction funded on June 3, 2013. In connection with the funding, Gaiam agreed to a 90-day lock-up of the shares of Real Goods Solar's common stock that it continues to own.